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China to credit Serbia with €200 million
Region - Economy
Wednesday, 21 October 2009 13:48
Euro_notesCoins.jpgThe repayment period is 15 years with a five-year grace period and fixed interest rate of 3 percent.
The Vice President of the Serbian Government, Mladjan Dinkic said that Serbia is very close to concluding an agreement with China to obtain loans worth 200 million euros, under very favourable conditions. He added that interest was intended to be three percent.
The agreement on the loan will be applied next year, and the loan will be used for infrastructure projects.

 

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